SonicStrategy amends $4.5M private placement to accept crypto subscriptions
- —The $4.5M placement is split into two equal $2.25M tranches
- —One tranche accepts subscriptions paid in digital assets, the other in cash
- —The non-brokered offering amends terms of a previously announced raise
Why it matters: The structure highlights how public companies are increasingly raising capital directly in crypto rather than through fiat channels.
Source: Seeking Alpha Crypto